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Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery
Posted inChina Company Reports E-Commerce Economic Conditions and Trends Ma, Jack Tencent Holdings Ltd

Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery

The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.
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Posted by By Chang Che
Walmart Raises Its Outlook as Shoppers Look for Bargains
Posted inCompany Reports Consumer Behavior Real Estate (Commercial) Shopping and Retail United States Economy Walmart Stores Inc

Walmart Raises Its Outlook as Shoppers Look for Bargains

The retailer reported revenue that beat expectations and said it expected net sales to rise 3.5 percent for the year.
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Posted by By Jordyn Holman
Tesla Changed a Deadline for Investor Proposals, Angering Activists
Posted inBoards of Directors Company Reports Electric and Hybrid Vehicles Musk, Elon Shareholder Rights and Activism Stocks and Bonds Straubel, J B Tesla Motors Inc Twitter

Tesla Changed a Deadline for Investor Proposals, Angering Activists

Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.
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Posted by By Jack Ewing
The Times Added 190,000 Subscribers Last Quarter
Posted inAdvertising and Marketing Company Reports Kopit Levien, Meredith New York Times New York Times Company News and News Media Newspapers

The Times Added 190,000 Subscribers Last Quarter

The increase was driven in part by subscriptions to a bundle of products that includes The Athletic sports site, bringing the company’s total digital subscriber base to nine million.
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Posted by By Benjamin Mullin

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